Mutual Funds

Brian E. Macauley, CFA®

Portfolio Manager, FBR Fund Advisers, Inc.

Mr. Macauley serves as co-portfolio manager of the Focus Fund.  Mr. Macauley joined FBR Fund Advisers in August 2009.  Prior to joining FBR Fund Advisers, Mr. Macauley served as a Research Analyst at Akre Capital Management, which he joined in January 2003.  Prior to joining Akre Capital Management, Mr. Macauley held investment analyst positions with Credit Suisse First Boston and with Wachovia Securities. 

Mr. Macauley holds a BS in Commerce from the University of Virginia.